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Sri Lanka grinds to a halt as fuel reserves shrink

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COLOMBO: Sri Lanka has less than a day’s worth of fuel left, the energy minister said on Sunday, with public transport grinding to a halt as the country’s economic crisis deepened.

Petrol and diesel queues snaked through the capital for kilometres, though most pumping stations have been without fuel for days.

Energy minister Kanchana Wijesekera said petrol reserves in the country were about 4,000 tonnes, just below one day’s worth of consumption.

“The next petrol shipment is expected between the 22nd and 23rd (of July),” Wijesekera told reporters in Colombo.

“We have contacted other suppliers, but we can’t confirm any new supplies before the 22nd.”

Last week, cash-strapped Sri Lanka announced a two-week halt to all fuel sales except for essential services to save petrol and diesel for emergencies.

Most shops were closed on Sunday, with the situation expected to worsen when banks and offices reopen on Monday.

Desperate people were seen trying to flag down the few vehicles on the road hoping for a ride.

Privately owned buses, which account for two-thirds of the country’s fleet, said they operated a skeleton service on Sunday as they were badly affected by the fuel shortage.

“We operated about 1,000 busses across the country out of the 20,000 owned by our members,” Private Bus Operators Association chairman Gemunu Wijeratne said.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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